For those who rely heavily on Social Security benefits to pay their bills, the recent uptick in prices in what seems just about everything are cause for concern.
Principal Financial Group will stop selling U.S. retail fixed annuities and consumer life insurance products and pursue sales of blocks of those assets already in force, Bloomberg reported Monday afternoon. The company will continue selling variable annuities.
The U.S. Supreme Court upheld the Affordable Care Act in a 7-2 ruling handed down today, knocking down the law’s latest Republican challenge and preserving the ACA and the ability for millions of people with preexisting conditions.
UnitedHealthcare has decided to delay the implementation of a new policy that would reduce coverage, or stop payment, for patients’ non-emergency visits to an emergency room.
The Labor Department is set to release on Thursday its latest measurement for inflation during the 12-month period ending in May. April’s reading showed prices climbing by concerning 4.2%.
According to the U.S. Pandemic Misery index developed by the USC Dornsife Center for Economic and Social Research, 80 percent of Americans experience a coronavirus-related hardship over the course of the pandemic.
Prosecutors objected to the motion saying Robert Feldman doesn’t need to work because he’s living off his dead wife’s life insurance policy that was worth $751,000.
The 59-year-old already paid a visit to the lottery headquarters and is choosing to receive his winnings as a one-time lump sum payment of about $634,517 rather than annuity payments for the full amount.
Pumpkin Pet Insurance is betting big on earned media to increase website traffic and sales after seeing initial success with its brand launch last year.
Through Aug. 15, more than 35,000 uninsured Kentuckians with incomes greater than 400 percent of the federal poverty level can sign up for a recently launched health insurance marketplace subsidy.
But it is White Americans who disproportionately benefit from the tax breaks for those things, Emory University tax law professor Dorothy Brown told lawmakers on the Senate Finance Committee last week. That’s why she believes the US tax code helps to perpetuate the racial wealth gap.
One-third of Americans estimate it will take two to three years to get their retirement plans back on track, due to such factors as job loss or retirement withdrawals, according to Fidelity Investments’ 2021 State of Retirement Planning Study.
Alexandria Ocasio-Cortez said that President Joe Biden’s more than $2 trillion infrastructure plan doesn’t go far enough and isn’t fast enough. The New York Democrat also took issue with the amount of spending, arguing that an ideal plan would cost about $10 trillion.
One of the world’s largest container ships is stuck in the Suez Canal, and the ship’s owner and insurers face…
Caesars Entertainment sued a group of insurance carriers, accusing them of declining to cover more than $2 billion in estimated…
Colorado Democrats introduced a bill in the state legislature that opens the door to a statewide health insurance public option if insurance carriers don’t reduce health care premium costs by 20% over the individual and small-group markets.
Meanwhile, House Democrats are hustling to pass the American Rescue Plan with few changes, including $1,400 direct checks to unaffluent Americans, along with other expansions of aid.
President Joe Biden is expected to take executive action as early as Thursday to reopen the Affordable Care Act marketplaces as well as to lower the barriers to enroll in Medicaid.
Janet Yellen is one step closer to becoming Treasury secretary, with the Senate Finance Committee’s unanimously approving her nomination on Friday.
The nation’s largest financial firms as well as a major health insurance system are halting political donations after an attempt to disrupt the certification of the election resulted in a riot that killed five people.